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The Practitioner: Payroll is King

THEY SAY CASH IS KING. This is true, not only for business owners but for the staff also.

If you make a mistake with the payroll you are likely to feel the wrath of the business owner, who in turn has probably just had an earful of complaints from his affected staff.

Time and time again we do payroll 100% correct. Week on week, month on month it goes without a glitch.

Recently however, a client of mine who is in a fast growth phase has experienced a few ‘errors’ on their weekly payroll. To be fair to our payroll department most of the errors were not from our end. However with the client refusing to fill in a payroll checklist each week and preferring to ring in the figures, the chances of errors are increased.

At the end of the day people need someone to blame, and the accountant seems to be an easy target when it comes to payroll.

It still amazes me how little knowledge people have of payroll. Even clients with in-house finance departments seem to struggle to grasp the basic concepts. It’s no wonder then that when a member of staff comes knocking on the door with a query on their payslip, the easy option is to pass the query over to us.